The court observed that it was not inclined to summon the accused -- Navbharat Power Pvt Ltd, its Managing Director and Vice-Chairman Harishchandra Prasad and its Chairman P Trivikrama Prasad -- at this stage as "piecemeal cognisance" of the charge sheet cannot be taken.
Additional Chief Metropolitan Magistrate (ACMM) Gaurav Rao also observed that taking cognisance of CBI's charge sheet or summoning the accused when the probe was still pending will be nothing "short of mockery".
"Accordingly, in view of my above observations, IO of the case is directed to expedite the investigation as taking cognisance/summoning of the accused persons at this stage when the investigation is still pending on material aspects will be nothing short of mockery.
"Piecemeal cognisance cannot be taken more so when crucial aspect of the investigation still remains and important chain/ link of the conspiracy remains to be unearthed," the ACMM said.
The court's observation came while dealing a case in which Navbharat Power Pvt Ltd (NPPL) and its officials were chargesheeted by CBI for offences under Sections 420 (cheating) and 120-B (criminal conspiracy) of the IPC for allegedly misrepresenting facts, including inflated net worth, to acquire coal blocks.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
